Tata Capital IPO subscribed 82% so far on day 3: Check allotment date and steps to track status

Tata Capital IPO day 3: Non-banking financial company Tata Capital's initial public offering has been subscribed 82% so far on the third and the final day of bidding on Wednesday, October 8.

The qualified institutional buyers (QIBs) quota secured 86% subscription, while the portion for non-institutional investors attracted 90% subscription. The category for retail investors fetched a 76% subscription, as per NSE data until 10:31 am.

The ₹15,511.87 crore IPO, with a price band of ₹310 to ₹326 per share, consists of a fresh issuance of shares amounting to ₹6,846 crore and an offer for sale (OFS) valued at ₹8,665.87 crore by promoter Tata Sons and investor International Finance Corporation (IFC).

The fresh issue proceeds will be used to build up the company's Tier-1 capital base, backing future capital requirements, including onward lending.

A lot consists of 46 shares.

With a portfolio of over 25 lending products, Tata capital caters to a diverse customer base, including salaried and self-employed individuals, entrepreneurs, SMEs, small businesses and corporates.

Tata Capital IPO: Allotment and listing date

The basis of allotment of the Tata Capital IPO will be finalised on Thursday, October 9, while shares will make their stock market debut on Monday, October 13.

Tata Capital IPO allotment status on NSE; check full steps

• To check allotment status, go to IPO page of NSE: https://www.nseindia.com/invest/check-trades-bids-verify-ipo-bids
• Click on ‘Equity & SME IPO bid details’.
• From 'Select Symbol' list, pick ‘TATACAP'
• Add personal information like PAN and application number
• Press the 'Submit' button

Steps to check Tata Capital IPO allotment status on BSE

• Go to BSE's IPO allotment page: https://bseindia.com/investors/appli_check.aspx
• Select ‘Equity’ as the issue type
• Pick ‘Tata Capital Ltd’
• Mention IPO application number or PAN card details
• Hit the ‘Search’ button

Tata Capital IPO allotment status on MUFG Intime India

• Head to registrar MUFG Intime India's allotment page: https://in.mpms.mufg.com/Initial_Offer/public-issues.html
• Pick ‘Tata Capital Limited’ from the 'Select Company' list
• Enter Application No, DP/Client ID, PAN or Account No/IFSC
• Click on the ‘Submit’ button

Tata Capital IPO GMP

According to investorgain.com and media reports, the unlisted shares of Tata Capital are trading at ₹332, reflecting a grey market premium of 1.84% over the upper price band of ₹326.